5 Clover Drive

    5, CLOVER DRIVE, CHELMSFORD, CM1 4FT

    This detached freehold property on Clover Drive last sold in February 2023 for £475,000. Based on price growth in the CM1 district since then, its estimated current value is £477,417 — placing it in the 77th percentile nationally and the 65th percentile within CM1. The property covers 90 m² (969 sq ft), giving an estimated value of £5,305 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    969 sq ft

    90 m²

    Last Sale Price

    £475,000

    Feb 2023

    Estimated Valuation

    £477,417

    Est. £/sq ft

    £493/sq ft

    £5,305/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area969 sq ft (90 m²)
    EPC dateJun 2020
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2023

    £475,000

    30 Jun 2020

    New build

    £425,000

    Key Metrics

    Estimated valuation£477,417
    Value per sq ft / m²£493/sq ft (£5,305/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM1 district percentile65th percentile
    National percentile77th percentile

    District Context — CM1

    CM1 covers Chelmsford town centre and its immediate surroundings in Essex, located roughly 30 miles northeast of London. It is a established residential and commercial district with strong local amenities and commuter appeal.

    Average Property Price - CM1

    £436,548

    73

    National percentile

    Average Net Household Income - CM1

    £36,171

    39

    National percentile

    10-Year Annualised Price Growth - CM1

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM1

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